General Meeting Statement

RNS Number : 5191B

JPMorgan US Smaller Co. IT

04 March 2014

 



LONDON STOCK EXCHANGE ANNOUNCEMENT

GENERAL MEETING STATEMENT

JPMORGAN US SMALLER COMPANIES INVESTMENT TRUST PLC

4th MARCH 2014

Following the General Meeting of the Company, which was held today, the Board is pleased to announce that all of the Resolutions (two ordinary resolutions and one special resolution respectively) put to shareholders were passed:

1.         to effect a sub-division of each of the existing Ordinary Shares of 25 pence each in the capital of the Company into ten Ordinary Shares of 2.5 pence each having attached thereto the rights specified in the Articles of Association of the Company (such sub-division to take effect from 6th March 2014)

2.         to allow the Directors of the Company to exercise all powers of the Company to allot shares in the Company up to an aggregate nominal amount of £277,789 representing approximately 20 per cent. of the Company's issued ordinary share capital as at the date of the passing of the resolution; and

3.         to allow the disapplication of pre-emption rights on the allotment of new ordinary shares up to an aggregate nominal amount of £277,789.

The full text of all the resolutions can be found in the Notice of General Meeting contained in the Circular dated 7th February 2014 which is available for viewing at the National Storage Mechanism which can be located at www.morningstar.co.uk/uk/NSM and from the Company's website, www.jpmussmallercompanies.co.uk 

A summary of proxy votes received will shortly be available on the Company's website, www.jpmussmallercompanies.co.uk

Following the passing of Resolution One above, the sub-division of each of the existing Ordinary Shares is unconditional save for an amendment to the Official List.  Dealings in the sub-divided shares are expected to commence at 8.00 a.m. on 6th March 2014 under ISIN GB00BJL5F346.

For further information, please contact:

Lucy Dina

For and on behalf of

JPMorgan Asset Management (UK) Limited - Company Secretary

020 7742 4000

 

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